Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $3.27 USD
Change Today +0.11 / 3.48%
Volume 703.7K
COVS On Other Exchanges
As of 7:40 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

covisint corp (COVS) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/2/14 - $5.36
52 Week Low
05/7/15 - $1.79
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for COVISINT CORP (COVS)

Related News

No related news articles were found.

covisint corp (COVS) Related Businessweek News

No Related Businessweek News Found

covisint corp (COVS) Details

Covisint Corporation provides an open, enterprise grade cloud platform in the United States and internationally. Its platform enables organizations to build solutions that identify, authenticate, and connect users, devices, applications, and information. The company’s platform offers data integration and exchange, identity management, presentation, analytics, IoT, orchestration, and device connectivity services. Its customers include organizations with external business relationships, as well as the participants in their business relationships in the automotive, energy, travel, life sciences, consumer goods, and insurance industries. The company was founded in 2000 and is headquartered in Southfield, Michigan.

382 Employees
Last Reported Date: 05/27/15
Founded in 2000

covisint corp (COVS) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $23.2K
Chief Financial Officer
Total Annual Compensation: $217.0K
Senior Vice President of Delivery, Operations...
Total Annual Compensation: $233.1K
Compensation as of Fiscal Year 2014.

covisint corp (COVS) Key Developments

Covisint Corporation Delivers Next-Generation Platform-as-a-Service

Covisint Corporation announced the general availability of its Platform-as-a-Service (PaaS). This release takes developer productivity to the next level by empowering developers with complete, self-service capabilities and accelerators to develop, deliver and manage the lifecycle of IoT, IdM and B2B collaboration solutions on the Covisint Platform. A key component of the Covisint PaaS, the Covisint Developer Portal, allows a developer to create a complete development environment in minutes, whenever they want. And, unlike other cloud platforms that require proprietary tools or languages, this release introduced a comprehensive set of RESTful APIs to expose the core functional capabilities of the platform, enabling rapid solution development while empowering developers to build their applications using their preferred languages and protocols. The Covisint Platform has also been architected to support two key requirements of IoT solutions performance and scale. The platform uses a micro-services architecture, which allows solutions built on the platform to be highly performant, at Internet-scale. As the market continues to evolve, application response time and data residency requirements have created the need for a more modular and scalable approach to infrastructure. By using OpenStack and CloudFoundry, the Covisint Platform can now place a running instance when and where it's needed on any standard IaaS. And, as Covisint has done for the last 12 years, the Covisint PaaS is backed by SLAs and operations to ensure enterprise-grade service, quality, performance and availability.

Covisint Corporation Announces Auditor Changes

On May 27, 2015, the audit committee of Covisint Corporation determined to dismiss Deloitte & Touche LLP as company's independent registered public accounting firm effective immediately. Contemporaneous with the determination to dismiss D&T, the audit committee engaged Grant Thornton, LLP as the company's independent registered public accounting firm for the year ending March 31, 2016, also to be effective immediately.

Covisint Corporation Provides Earnings Guidance for the Year 2016

Covisint Corporation announced that for the year 2016 subscription becoming a larger portion of overall revenue, it expects gross margins to be between 55% and 60%. The company expects to finish the year with a net loss of between $11 million and $14 million on a non-GAAP pro forma basis, of which it expects a net loss of between $5 million and $6 million in the first quarter. Recognizing the investments in sales and marketing product management, the company expects cash flow burden of about $12 million to $15 million for the year.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
COVS:US $3.27 USD +0.11

COVS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Accenture PLC $96.78 USD +0.10
Impax Laboratories Inc $45.92 USD +0.09
Lannett Co Inc $59.44 USD +1.67
Open Text Corp C$50.73 CAD +1.00 inc $69.63 USD -0.37
View Industry Companies

Industry Analysis


Industry Average

Valuation COVS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.4x
Price/Book 1.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.8x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COVISINT CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at